Bitcoin Cash has just updated its network, which has greatly improved privacy. The first transactionTransaction
– is a financial term that means a logically meaningful operation that can only be carried out completely. Details was transferred to the Ross Ulbricht Defense Fund.
Network update details
Additional update information mentions that it was implemented in block 582680 in the BCH chain and allows for the aggregation of Schnorr public signatures and complex contract signing concepts.
Interesting in the section: Bitcoin Cash, as the currency Bitcoin
Graftroot and Taproot, which significantly increase the privacy of BCH, will only be available after the next update.
"More privacy for winning is a good idea", said a well-known supporter of the BCH Emergent Reasons.
Another proponent commented: "I thank BCH for taking measures to restore my personal economic freedom and financial integrity."
Bitcoin Cash network updating will significantly increase privacy. In the coming days, BCH developers will test various types of Schnorr signatures in combination with other mechanisms in the future for further private transactions and creating unique transaction types.
Editor: Yuliya Soroka